2018-03-15

Chinese Developers Plan Fundraising Blitz in March

“Under the general trend of regulation and control of the property market, housing companies are increasingly concerned about the safety of the capital chain. Under the conditions of domestic financing, overseas financing is increasingly valued.” Zhang Dawei, chief analyst of Centaline Real Estate, analyzed that, for the whole year of 2017, the overseas financing of housing enterprises totaled 38.86 billion U.S. dollars, an increase of 176% year-on-year to 14.06 billion U.S. dollars in 2016.

“In 2017, the domestic financing data of housing enterprises continued to be sluggish. From a trend point of view, the total amount of domestic financing of housing enterprises in the whole year is decreasing, mainly because domestic financing is more difficult.” Zhang Dawei said that in this context, this trend will continue in 2018, and even more companies will start looking for financing opportunities overseas.